Our Export Letter of Credit Re-Financing provides a unique opportunity for local exporters to receive early payments under letters of credit (LCs). By taking on the risk of LC issuing banks, we facilitate smoother transactions for international importers and give local exporters the financial support they need to thrive.

• Immediate Payments: Receive funds quickly under your letters of credit, improving your cash flow and allowing you to reinvest in your business sooner.
• Increased Bargaining Power: Enjoy greater leverage in negotiations with buyers, enabling you to secure favored pricing and better terms.
• Risk Management: We handle the risk associated with LC issuing banks, providing you with peace of mind as you engage in international trade.
• Collaborative Financing: Work with financial institutions to access more competitive financing options.

Our primary focus is on local exporters looking to optimize their trade financing. While we don't market directly to international importers, we partner with financial institutions (LC issuing banks) to facilitate the financing process, ensuring our clients benefit from lower costs and enhanced service.

To qualify for our Export Letter of Credit Re-Financing, the following conditions must be met:

• Sellers/Exporters must maintain current accounts with BAJ.
• A clean credit history is required.
• Receipt of authenticated acceptance from the LC issuing bank to pay on the due date.

Our financing solution offers a maximum duration of 12 months, providing the flexibility you need to manage your export operations effectively.

• Request for a call or a Meeting
• Contact Trade Sales Team through email - TradeSales@BankAljazira.com or Visit nearest Bank AlJazira Corporate Centers.
• Contact Customer Service on: 8002449090

** Terms and Conditions apply